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Globalization of Health Care

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Presentation on theme: "Globalization of Health Care"— Presentation transcript:

1 Globalization of Health Care
– A ParkwayHealth’s Perspective Presentation by Daniel James Snyder Group Executive Vice President & Chief Executive Officer October 21, 2008

2 We must ensure that the global market is embedded in broadly shared values and practices that reflect global social needs, and that all the world's people share the benefits of globalization. ~ Kofi Annan ~

3 Our Strategy Leading the way with excellence


5 To be the global leader in value-based integrated healthcare
About ParkwayHealth Our Vision To be the global leader in value-based integrated healthcare

6 To make a difference in people’s lives through excellent patient care
About ParkwayHealth Our Mission To make a difference in people’s lives through excellent patient care

7 By striving for the finest clinical, service and operational outcomes.
About ParkwayHealth Our Values People above all… By treating those we serve and each other with compassion, dignity, integrity and mutual respect. Excellence… By striving for the finest clinical, service and operational outcomes. Results… By exceeding the expectations of the people we serve and those we set for ourselves.

8 Our Strategic Priorities
About ParkwayHealth Our Strategic Priorities People: Attract, develop, retain engaged employees Quality: Achieve the finest clinical outcomes Service: Attain the highest levels of service excellence Finance: Meet and exceed our financial goals and targets Growth: Grow the system per our strategic plans

9 Our Progressive Global Reach
New branding launched on 1 Sep 07. The new brand identity imbues the value and essence of the ParkwayHealth’s brand, so as to visually represent ParkwayHealth as a global leader in value-based integrated healthcare. Launch of ParkwayHealth’s International Brand Campaign in Nov 07. ParkwayHealth’s advertisements are now recognisable in the Group’s emerging markets such as the US, UK, Russia and the Ukraine, in Southeast Asia, aboard major inflight magazines and the Singapore media.

10 Corporate Background Listed in the Singapore Stock Exchange (SGX, 1974); Market Capitalization is near SGD 3 billion; Approximately 9,000 employees; Total revenues of SGD 870 million (FY2007); Launch of SGD 800 million Real Estate Investment Trust (REIT) 7 August 2007.

11 Our People Establishing an organization structure built to execute

12 Richard Seow Yung Liang Chairman
Our Senior Leaders Richard Seow Yung Liang Chairman Dr. Lim Cheok Peng Group President & CEO Choo Oi Yee Group Senior VP STRATEGY Ann Yong Group Senior VP, PR Dan Snyder Group EVP & CEO Molly Foo Group Senior VP FINANCE June Tay GSVP Legal and Risk Justine Wingrove CEO REIT Prof Low Teck Seng CEO Parkway Education Fong Choon Khin Group SVP Information

13 Leadership Behaviour Expectations
Focus on people, excellence and results demonstrated by: Enthusiasm, energy and excitement “Can-do” attitude Mature and principled leadership Confidence Systems thinking and care about the whole Continuous learning and innovation and Global Mindset Teamwork

14 Inspiring and motivating people to achieve the vision and mission…
Healthcare Executive Leadership Inspiring and motivating people to achieve the vision and mission…

15 Our Unique Selling Propositions
Maintaining excellent clinical initiatives aligned with global industry practices

16 Our Unique Selling Propositions (USP)
Our Clinical Outcomes CLINICAL INDICATOR TARGET CLINICAL OUTCOME CABG CABG Mortality Rate 3.00% 2.10% MIS Laparoscopic Surgery (Cystectomy, Myomectomy, Hysterectomy) Unexpected Return to OR Less than 1.00% 0.00% Conversion Rate to Open Surgery 0.98% MIS Laparoscopic Cholecystectomy 0.60% In Vitro Fertilization (Mount Elizabeth) Live Baby Birth Rate 35.00% 40.00% Clinical Pregnancy Rate 41.80% 48.00% Stroke Care Avg. Time to have CT Scan following admission 120 min 57.2 min Barthel Indices for Stroke Patients 41.2 (Barthel Score On Arrival) 54.7 (Barthel Score At Discharge) Total Knee Replacement No. of Patients that are able to Ambulate 4th Post Operative Day More than 90% 93.80% Total Hip Replacement Surgical Site Infection Rate Acute Lymphoblastic Leukaemia (ALL) Initial Response to Remission Induction Therapy More than 95% 100% Source: Reflections (A ParkwayHealth Quality Division Publication)

17 Our Unique Selling Propositions (USP)
Our Processes Benchmarking Against The Best (Process): In ParkwayHealth, as a leading healthcare organisation, quality of care is of utmost importance. Our hospitals and medical centres are benchmarked against world-class facilities globally to improve our systems for safer practices and better outcomes in patient care. In 2006, ParkwayHealth’s hospitals became Singapore’s first private healthcare provider to attain the prestigious Joint Commission International (JCI) accreditation. Technology also has the potential to transform and bring healthcare to the next level. ParkwayHealth has invested heavily in state-of-the-art medical equipment such as the Da Vinci Robotic Surgical System and the Aquilion One 320-Slice CT Scanner.

18 Our Unique Selling Propositions (USP)
Competitive Pricing vs Peace of Mind While procedure prices in Singapore are about 20-40% higher than some of our neighbouring countries, it is also % cheaper than the UK and US ParkwayHealth’s physician outcomes are as good as or even better than international standards Patients receive value-based, ethical, quality and safe care in our hospitals

19 Our Unique Selling Propositions (USP)
Medical Travel Patients travel for complex medical treatment and surgery, not just to save on cost, but to get these procedures done earlier, and sometimes, to access the best specialists available in the field. In 2007, ParkwayHealth received the Singapore Tourism Special Recognition Award for the Group’s work in helping to create Singapore as a global medical hub. Foreign patients continue to be a vital segment of the Group’s business mix and a strategic growth area.

20 Our Patients Mix Foreign Patients - 30% (N= 240,000)
Local Patients % (N= 560,000) ParkwayHealth market share is 60% (estimated) of total medical travellers to Singapore in 2007 Foreign Patients Source : Afghanistan Brit. Virgin Is. East Timor Iraq Mongolia Saudi Arabia Algeria Brunei Egypt Ireland Myanmar South Korea Australia Bulgaria Ethiopia Japan New Zealand Spain Austria Cambodia Finland Kazakhstan North Korea Sri Lanka Azerbaijan Canada France Kenya Nigeria UAE Bangladesh China Germany Kuwait Oman Ukraine Belgium Coconut Islands Guinea Laos Pakistan United Kingdom Bermuda Columbia Hong Kong Libya Philippines USA Bahrain Croatia India Malaysia Portugal Uzbekistan Bhutan Cyprus Indonesia Maldives Qatar Vietnam Brazil Denmark Iran Mauritania Russian Fed. Zimbabwe 20

21 Our Services Adopting a holistic approach to provide integrated facilities and expertise globally


23 Our Clinical Programs Clinical programs bring together facilities and expertise for the comprehensive treatment of specific illnesses / conditions in the program Treatment and care that is grounded on good clinical practice - with excellent clinical outcome indicators  patients benefit Treatment and care is delivered in a seamless manner Performance measures and benchmarks Professional performance reviews 23

24 Our 8 Clinical Programs

25 Living Donor Liver Transplantation Liver Surgery Liver Dialysis
Parkway Liver Centre Services Include: Living Donor Liver Transplantation Liver Surgery Liver Dialysis Pancreatic Surgery Gall Bladder/Bile Duct Surgery Paediatric Liver Surgery & Transplantation Radio Frequency Ablation (RFA) Transarterial Chemo Embolisation Liver intensive care 25

26 Haematology & Stem Cell Transplant Centre
Services Include: Haematology Consultation services Haemotopoietic stem Cell Transplant Program Outpatient Chemotherapy Blood Transfusion Services Biological and Cellular Therapy Apheresis Program Supportive Care program 26


28 Aquilion One 320-Slice CT Scanner
Our Imaging Services Aquilion ONE ParkwayHealth is the first to install the Aquilion ONE 320-slice CT Scanner in Asia, outside Japan. Able to image an entire organ in a single rotation, ensuring greater accuracy and diagnostic confidence. Physicians can see 3-D depictions organs and how the organs’ blood flow are dynamically functioning or moving within and around the organ. Can perform uniquely comprehensive exams that can reduce overall healthcare costs. Aquilion One 320-Slice CT Scanner

29 Our Global Presence ParkwayHealth’s Hospitals, Medical Centres & International Patient Assistance Centres

30 Joint Commission International (JCI)
All ParkwayHealth’s three hospitals in Singapore are accredited by JCI. JCI is the international accreditation arm of the Joint Commission on Accreditation of Healthcare Organisations based in the United States. The accreditation affirms that the processes and procedures we have put in place are of international quality standards. It represents a worldwide consensus on quality patient care and reflects state-of-the-art healthcare practices and healthcare delivery trends. Accredited in Year 2006 Accredited in Year 2006 Accredited in Year 2007

31 ParkwayHealth’s Regional Hospitals
INDIA No. of beds 225 VIETNAM Parkway Shenton International Clinic Apollo Gleneagles, Kolkata MALAYSIA No. of beds CHINA No. of beds Gleneagles Intl Medical & Surgical Centre, Shanghai 4 Luwan Inpatient and Specialty Centre, Shanghai 10 Gleneagles Medical Centre, Penang Gleneagles Intan Hospital, KL 8 Pantai Hospitals Pantai Medical Centre, KL SINGAPORE No. of beds Cheras Medical Centre, KL Mount Elizabeth Hospital Pantai Klang Specialist, Klang Gleneagles Hospital Hospital Pantai Mutiara, Penang East Shore Hospital Hospital Pantai Ayer Keroh, Malacca Day Surgery & Medical Centre Hospital Pantai Indah, KL ParkwayHealth’s new hospital – ‘Hospital of the Future’ will be completed in 2011 Hospital Pantai Putri, Ipoh Hospital Pantai, Batu Pahat BRUNEI No. of beds Gleneagles JPMC (Cardiac Centre) Total Number of Hospitals:15 Total Number of beds: 3,174

32 International Patient Assistance Centre (IPAC)
Services Include: Hotels Booking (Corporate Rates) Service Apartments Booking Airport Taxi and Meeting Services Limousine, Ambulance Daily Visit to Patients Interpreter, Food and Personal Needs Videoconferencing Banking Services Assistance One-stop service Emergency Care Non-Emergency Care Inquiry, Information, Feedback Specialist Appointment Evacuation & Repatriation Extending Visa/Flight Airport Transfer Arrangements 24-Hour Helpline: (65)

33 N = 45 33

34 You can only manage what you measure…
In healthcare, you must measure everything… You must link incentives to all measures…

35 Summary Clear on Strategy and Plans Organized to:
Continue from “Good to Great” Build the Bench Grow Rapidly Executing with Discipline, Standards and Professionalism

36 Thank You

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